Cerner, a global leader in healthcare technology, and CoverMyMeds, the nation's leading electronic prior authorisation (ePA) platform, have announced an agreement to integrate CoverMyMeds' ePA within Cerner's Millennium® EHR. The advanced functionality will provide more than 350,000 e-prescribing end users the ability to accelerate the prescription review process by removing manual processes and help reduce transaction costs.
ePA is the process of automating and expediting prior authorisation (PA), which is used to determine patient benefit coverage for prescribed medications. The traditional PA process is paper-based and reliant on faxes and phone calls to connect healthcare professionals. CoverMyMeds will provide Cerner physicians the capability to process requests electronically in seconds and receive notification of a patient's authorization status within minutes.
According to a 2012 study by the Center for Health Transformation, PA and other medication formulary requirements are significant contributors to the cost of provider interaction with health plans, which exceeds $100 billion annually. The study also showed beyond the health care costs, PA requests can delay patient treatment and result in prescription abandonment.
CoverMyMeds' integrated ePA capability will be available to Cerner clients in 2016. More integration details can be found at https://cerner.covermymeds.com/.
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